# Lopay funding: rounds and investors

> Lopay has raised $14M across 3 rounds since 2022. Investors include Portage Ventures, Backed VC and Redbus Ventures. Every round with its source.

Source: https://millionrounds.com/company/lopay (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Seed startup](https://millionrounds.com/companies)

# Who invested in *Lopay*

3 rounds we have observed, with the 3 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Financial Services

Funding summary Updated 26 Oct 2026

**$14M** raised across 3 rounds since 2022, from 3 sources

**$123K** Round **$6.5M** Seed **$7.4M** Seed

- **Latest round:** Seed, $7.4M Oct 2023
- **Investors:** 3

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2023

**$123K** Round

**$6.5M** Seed

**$7.4M** Seed

- **First round:** Round, $123K
- **Biggest round:** $7.4M
- **Usual gap between rounds:** 5 months

## The rounds

- **Oct 2023** Seed **$7.4M** *3 new* [Portage Ventures](https://millionrounds.com/fund/portage-vc) [Backed VC](https://millionrounds.com/fund/backed-vc) [Redbus Ventures](https://millionrounds.com/fund/redbus-ventures) Source recorded
- **Apr 2023** Seed **$6.5M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Dec 2022** Round **$123K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet

## Funding filed with regulators

Lopay filed 2 raises, $6.6M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Apr 2023 **$6.5M** UK share allotment
- Dec 2022 **$123K** UK share allotment

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2022 **Seed** 2023 **Seed** 2023 [Portage Ventures](https://millionrounds.com/fund/portage-vc) [Backed VC](https://millionrounds.com/fund/backed-vc) [Redbus Ventures](https://millionrounds.com/fund/redbus-ventures)

## Everyone who backed them

[Portage Ventures](https://millionrounds.com/fund/portage-vc) VC firm **1** round

[Backed VC](https://millionrounds.com/fund/backed-vc) VC firm **1** round

[Redbus Ventures](https://millionrounds.com/fund/redbus-ventures) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=lopay).

## Also claim to have backed them

These 2 firms list Lopay as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[The Venture Collective](https://millionrounds.com/fund/the-venture-collective) VC firm Per its own site

[Kinled Holding](https://millionrounds.com/fund/kinled-holding) Private equity Per its own site

## Quick answers about Lopay

### Who invested in Lopay?

Lopay's investors include Portage Ventures, Backed VC and Redbus Ventures.

### How much has Lopay raised?

Lopay has raised $14M across 3 rounds since 2022.

### When did Lopay last raise?

Lopay's most recent round was a Seed of $7.4M in Oct 2023.

### What was Lopay's biggest round?

Its most recent round, $7.4M in Oct 2023, is also its largest on record.

### Who backed Lopay first?

Lopay's first round on record, in Oct 2023, was backed by Portage Ventures, Backed VC and Redbus Ventures.

### What stage is Lopay at?

Lopay's latest named round is a Seed, in Oct 2023.

### Where is Lopay based?

Lopay is based in the United Kingdom.

## Companies like Lopay

In the same sector, and raised in the last eighteen months.

[**Cognitive Credit** $64M · Oct 2026](https://millionrounds.com/company/cognitive-credit)[**TrueLayer** $376M · Oct 2026](https://millionrounds.com/company/truelayer)[**ELEMENTARYb** $4.2M · Sept 2026](https://millionrounds.com/company/elementaryb)[**Quartz** $3.7M · Sept 2026](https://millionrounds.com/company/quartz)[**Oxane Partners** $32M · Sept 2026](https://millionrounds.com/company/oxane-partners)[**Fintuity** $5.4M · Sept 2026](https://millionrounds.com/company/fintuity)

## Find investors like these

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